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Re: stervc post# 21137

Thursday, 09/06/2012 3:42:09 PM

Thursday, September 06, 2012 3:42:09 PM

Post# of 167996
You are correct sterling increased shareholder value being added by these actions. I look forward to seeing what you come up with - I think some here are missing the point that the $3+mn revenues represented production a period in excess of 3 months this can be deduced from a calculation using 60tpd. So to use the ramped up production figure of 500tpd being 8.3 times current figures and then using a multiple of 4 to annualize would be an overstatement.

Another missing/overlooked piece would be a component relating toexpenses and the profit margin.

Regardless of this SRGE looking good!





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